Entries in Women In the World Summit
(1)

TED ALJIBE/AFP/Getty Images(TORRANCE, Calif.) -- Toyota handed out three $50,000 grants to women chosen as "Mothers of Invention" at the annual Women in the World summit, according to a press release by Toyota on Saturday.

Aseneth Andrews, founder of The Catherine Ferguson Academy for Young Women, Talia Leman, founder of Randomkid.org and Jessica O. Matthews and Julie Silverman, inventors of the sOccket and co-founders of Uncharted Play, received the awards for their "use of innovation and courage in tackling some of the most pressing problems facing women."

The Women in the World Summit, hosted by Newsweek and The Daily Beast editor-in-chief Tina Brown, "tells the stories of the courageous and intelligent women who are battling the status quo in their countries, picking up the pieces in the aftermath of war and shattering glass ceilings in every sector."